Home
Account Login
Not Logged In
☰
  • Trade Now
  • About Us
    • Why Choose us
      • About Kotak Securities
      • Awards and Accolades
      • About Kotak Group
      • Technology
      • Strong Research
      • Ease of Use
      • Service
      • Testimonials
    • Media
      • Press Release
      • Corporate Profile
      • Media Kit
    • Careers
      • NISM Course
      • Current Openings
      • Leadership Speaks
      • Recognition
      • Work Culture
  • Offerings
    • Asset Classes
      • Equity
      • Derivative
      • MF
      • IPO
      • ETF
      • Nifty ETF
      • Currency Derivatives
      • Tax Free Bonds
      • Gold ETF
      • Stock Lending & Borrowing (SLBM)
      • Interest Rate Futures
      • Commodity
    • Trading Tools
      • Website
      • KEAT PRO X
      • Kotak Stock Trader
      • Smallcase
      • Fastlane
      • Xtralite
      • Dealer assisted trading
      • Call and Trade
      • TradeSmart Store
      • TradeSmart Derivatives
      • TradeSmart Insights
      • TradeSmart Trends
      • Chat To Trade
    • Account Types
      • Demat Account
      • EquityTrading Account
      • 2 in 1 Account
      • Trinity Account
      • Linked Account
      • NRI Account
      • Foreign Investors (QFI)
      • PMS
      • Private Client Group (PCG)
      • Pearl Account
    • Brokerage Options
      • Free Intraday Trading
      • Dynamic Brokerage
      • Fixed Brokerage
      • Advance Brokerage
      • NRI Brokerage Plans
      • Shubh Trade
    • Value Added Features
      • Refer and Earn
      • Track External Investments
      • WillSecure
      • Margin Calculator
      • Autoinvest
      • Margin Trading Facility
      • Super Multiple
      • BNST
      • Portfolio Tracker
      • SMS Alerts
      • Indicators and Technical Charts
      • Capital gain report
      • Stock as Margin
      • AMO
  • Markets
    • Market Indices
      • Indian Indices
      • Global Indices
    • Equities
      • Share Market Live
      • Gainer
      • Loser
      • Most Active Stocks
      • Volume Buzzer
      • 52Wk High
      • 52Wk Low
    • Derivatives
      • Derivatives Overview
      • Most Active Contracts
      • Gainers
      • Losers
      • Most Active Put
      • Most Active Call
      • Open Interest
      • Highest in Premium
      • Put Call Ratio
      • Historic Data
    • News
      • All News
      • Bullion News
      • Economic Growth
      • Economy General
      • Other News
    • Currencies
      • FII & DII Activities
      • Event Calendar
      • Announcements
      • Recent Deals
        • Block
        • Bulk
    • Currencies
    • FII & DII Activities
    • Event Calendar
    • Announcements
    • Recent Deals
      • Block
      • Bulk
  • Research
    • Live Research Calls
      • Fundamental Call
      • Technical Call
      • Derivatives Call
      • SIP Call
      • Top Monthly Picks
      • Pick of the Week
      • Consensus
      • Research Success Rate
    • Kotak Research Centre
      • Investors Research
      • Trader Research
      • Mutual Fund Research
      • Nifty Call of the Day
    • Latest Research Reports
      • Buyback
      • Stock Recommendations
      • Trading Recommendations
      • Sector research and updates
      • Market strategy research
      • Derivatives strategy
      • Currency and forex insights
    • Research Events
      • Annual Investor
        Conference 2018
      • Research webinars
    • Sample Research Reports
      • Fundamental
      • Technical
      • Derivatives
      • Currency Derivatives
  • Knowledge Bank
    • Kotak University
    • Union Budget
    • Aadhaar Card
    • Equity Trading
    • Derivative Trading
    • Intraday Trading
    • Mutual Funds
    • Financial Planning
    • Pan Card
    • Voter ID
    • Driving License
    • Income Tax
    • Calculators
    • Videos
    • Meaningful Minutes
    • Articles
  • Help
    • Contact Us
      • Branch Locator
      • Open an Account
      • Activate an account
      • Check Application
        Status
      • FAQs
    • Demos
    • Forms
    • Chat
  • Franchisee
    • Overview
      • Login
      • Partner with us
      • What is a Franchisee?
      • How to become a Franchisee?
      • Broker v/s Sub-Broker
      • Business Models
    • About Us
      • Why Join Us?
      • Partner Success Stories
    • Business Models
      • Business Support
      • Training & Events
      • Tools & Software
    • Contact Us
      • FAQs
Home » Articles » Weekly Wrap Up Stock Market Updates News and Insights For The Week Ending 29th June 2018

Articles

2014661830565536055253
How it helps?
  • Zero maintenance charges
  • Zero fees for demat account opening
  • Volume based brokerage
Reach Us
Learn the art of Investing

Read More >


  • Weekly wrap-up: Market updates, news and insights for the week ending 29th June

    Publish date: 29th June, 2018


    News: Indian Rupee briefly breached the level of Rs.69/$

    Investment perspective:

    • A weak rupee has larger implications in the form of imports getting more expensive and foreign investors taking money out in search of more stable currencies.

    • There was clear central bank intervention around the Rs.69/$ level, wherein dollar selling helped. An NRI bond issue on the lines of the 2013 scheme is already being discussed.

    Read forex insight Why Rupee crashed


    News: Crude oil prices in the Brent market gets back to $78/bbl

    Investment perspective:

    • Even as the OPEC has agreed to increase its daily oil output by 1 million bpd, the Iran sanctions are again likely to constrain supply in the oil market.

    • India’s monthly trade deficit touched $15 billion last month and dearer oil prices combined with a stronger dollar could put pressure on sovereign ratings and the INR.

    Related read: 6 effects of rising crude oil prices on the Indian economy


    News: IT and Pharma have turned outperformers in a volatile market

    Investment perspective:

    • The outperformance in IT was largely driven by a weaker rupee and expectations of a revival in tech spending on the back of better US growth prospects.

    • Indian pharma stocks did see positive sentiments after Sun Pharma’s Halol plant got FDA approval and global healthcare market continued to show steady growth.

    Read research on IT sector


    News: Cement stocks have continued to struggle close to their 52-week lows

    Investment perspective:

    • Cement industry is currently in a state of glut with a 50% overcapacity as compared to the current domestic demand of 293 million tonnes.

    • Cement stocks have typically done well in the stock markets only when the pricing power has been with the producers; and that looks unlikely in the current glut.

    Read latest research reports


    News: Government plans to sell its stake in IDBI Bank to LIC

    Investment perspective:

    • LIC will get an entry into the banking sector as it is the only large insurer without a banking license. The move also helps the government with its divestment target.

    • The market concern is with regards to the use of policy holder funds to buy a stake in a loss making PSU bank that holds over 25% of Gross NPAs. That could be the challenge!

    Read research on Banking sector


    News: Shanghai’s China Composite drops 20% from recent peaks

    Investment perspective:

    • The sharp fall in Chinese stocks was an outcome of the escalating trade war with the US. China runs a $376 billion trade surplus with the US and Chinese markets have a real worry.

    • Chinese markets have also been hit by a weaker Yuan (due to liquidity tightness) and that has some concerns for Indian markets after the reaction of INR seen in September 2015.

    Related read: US-China trade face off: Why should India be concerned?


    News: UPL could be silent beneficiary of the US-China trade war

    Investment perspective:

    • Chinese duties on US Soybean imports have forced many Chinese importers to look at alternative imports from Brazil, which is another major producer of Soybean.

    • As Brazilian farmers make hay in the midst of rising demand, UPL being a major supplier of agricultural inputs in Latin America, is seeing robust demand in this region.

    Related read: US-India trade tariffs: Which sectors could get affected?


    News: IMF has a 3-point program for India to sustain higher growth rate

    Investment perspective:

    • For scaling higher from its current rate of around 7% growth, IMF has suggested combining banking reforms and GST reforms with fiscal consolidation.

    • While GST is just 1 year in the process, India will look forward to dividends from banking reforms currently underway. Fiscal consolidation may be slightly more difficult.

    Related read: 4 macro-economic factors that can affect corporate profits in FY18-19


    News: Bankers have strong objections to RBI’s one-day default rule

    Investment perspective:

    • Currently, companies and banks are required to report even if there is a one delay in payment so that the stakeholders can be kept adequately informed.

    • This has resulted in a much higher number of default accounts being reported, which according to banks is overestimating the picture of asset stress in banks.

    Related read: Why we continue to have a ‘Buy’ rating on ICICI Bank


    News: Tea production sees marginal fall in the midst of strong global demand

    Investment perspective:

    • Prices of tea have firmed up by Rs.10/kg after the marginal fall in tea production. There has been good traction for tea on the exports front.

    • The only worry for the tea industry (in the midst of the price appreciation) is that Iranian exports could take a hit due to the recent imposition of sanctions by the US.

    News: China plans to open up more of its economy to foreign investors

    Investment perspective:

    • China has eased foreign investment restrictions on a variety of industries ranging from banking to agriculture as a counter to the trade war with the US.

    • China is looking to broad base its dependence beyond the US markets and has also dismissed US allegations that China was stealing American IP.


    Read latest research reports Trade now Open an account

    Also read

          1.    5 indicators to gauge the intensity of current trade war

          1.    Tata Motors: Why it can be a ‘value’ buy

          2.    5 ways to hedge against a small-cap crash

          3.    What Yoga teaches you about money and investing

          4.    How to react to the midcap sell-off









Stock Market Sectors :        A | B | C | D | E | F | G | H | I | J | L | M | N | O | P | R | S | T | V | W |

About Us

  • • Branch Locator
  • • About Kotak Securities
  • • Awards and Accolades
  • • About Kotak Group
  • • Technology
  • • Strong Research
  • • Customer Support Chat
  • • Brokerage Charges

Asset Classes

  • • Equity Trading
  • • Derivative Trading
  • • Mutual Fund Investment
  • • IPO
  • • Gold Funds
  • • Currency Derivatives
  • • Fixed Deposits & Tax Free Bonds
  • • Debentures

Derivatives Market

  • • Most Active Contracts
  • • Gainers
  • • Losers
  • • Top Volume Traded
  • • Top Value Traded
  • • Most Active Put
  • • Most Active Call
  • • Open Interest
  • • Highest in Premium
  • • Put Call Ratio

Investment Knowledge Bank

  • • Share Market Basics
  • • What is Demat Account
  • • What are Derivatives?
  • • What are Futures?
  • • What are Options?
  • • What are Mutual Funds?
  • • Basics of Financial Planning
  • • Calculators
  • • Videos
  • • Meaningful Minutes

Trading Tools & Research Reports

  • • KEAT PRO X
  • • Kotak Stock Trader APP
  • • Fastlane
  • • Xtralite
  • • Dealer assisted trading
  • • Call and Trade
  • • Investors Research
  • • Trader Research
  • • Mutual Fund Research
  • • Fundamental Analysis Reports
  • • Technical Analysis Reports
  • • Derivative Reports
  • • Currency Derivative Reports

Account Types & Value Added Services

  • • Demat Account
  • • 2 in 1 Account
  • • Trinity Account (3-in-1 Account)
  • • Linked Account
  • • NRI Account
  • • PMS
  • • Margin Trading
  • • BNST
  • • TradeSmart Store
  • • SMS Alerts
  • • AMO

Equity Market

  • • Share Market Live
  • • Gainer
  • • Loser
  • • Most Active Stocks
  • • Volume Buzzer
  • • 52Wk High
  • • 52Wk Low
  • • All Market News
  • • Bullion News
  • • Economy General
  • • Corporate Actions
  • • Other News
CUSTOMER CARE TOLL FREE

1800 209 9191 / 1860 266 9191

Mon to Fri – 8.00 AM TO 6.00 PM
Sat – 9.00 AM to 2.00 PM
To dial from Mobile phone add city STD code

Existing customers can send in their grievances for Trading account to service.securities@kotak.com
& Demat account to ks.demat@kotak.com

Connect with us

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. Attention Investors Prevent Unauthorized Transactions in your demat / trading account --> Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors. Circular No.: NSDL/POLICY/2014/0094, NSE/INSP/27436, BSE - 20140901-21

Kindly note that as per NSE circulars nos: NSE/INVG/36333 dated November 17, 2017, NSE/INVG/37765 dated May 15.2018 and BSE circular nos: 20171117-18 dated November 17, 2017, 20180515-39 dated May 15.2018, trading in securities in which unsolicited messages are being circulated is restricted. The list of such stocks are available on the website of NSE & BSE. In case of any queries, request you to kindly get in touch with Customer Service on 18002099191/9292

Kotak Securities Ltd. bearing licence no. CA0268 is a Corporate Agent of Kotak Mahindra Old Mutual Life Insurance Ltd. We have taken reasonable measures to protect security and confidentiality of the Customer Information.

The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time.
The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us.

Filling complaints on SCORES- Easy & Quick

a. Register on SCORES portal  |  b. Mandatory details for filling complaints on SCORES  i. Name, PAN, Address, Mobile Number, E-mail ID  |  c. Benefits:  i. Effective Communication  ii. Speedy redressal of the grievances

Charges for Other Services  |  Disclaimer  |  Sitemap  |  Privacy & Security  |  256 Bit Encryption  |  BSE  |  NSE  |  MSE  |  MCX  |  SEBI  |  SCORES  |  Anti Money Laundering Measures  |  Important Policies  |  Dos & Donts  |  National Pension System  |  List of GST Registration Number

© 2005 Kotak Securities Limited.

Registered Office: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051. Telephone No.: +22 43360000, Fax No.: +22 67132430.
Correspondence Address: Infinity IT Park, Bldg. No 21, Opp. Film City Road, A K Vaidya Marg, Malad (East), Mumbai 400097. Telephone No: 42856825.

CIN: U99999MH1994PLC134051. SEBI Registration No: INZ000200137(Member of NSE, BSE, MSE, MCX & NCDEX), AMFI ARN 0164, PMS INP000000258 and Research Analyst INH000000586.

NSDL/CDSL: IN-DP-NSDL-23-97

New To share Market?

Open Your Account Today!

New Customer?

Hurry! Sign up for Free Intraday Trading now

BROKERAGE FREE

on intraday trades

AVAIL THE OFFER NOW

NO ACCOUNT OPENING CHARGES



Submit

Please Note

That by submitting the above mentioned details, you are authorising Kotak Securities & its sub-brokers & agents to call you and send promotional communication even though you may be registered under DNC.

Open An Account